3201 Lama Avenue
About This Property
Step outside to your own beautiful resort style outdoor living space overlooking a glistening saltwater Pebble Tec pool and spa, surrounded by El Dorado stack stone. The covered patio space made of Timber Tech materials is great for entertaining as well as plenty of pool deck for lounging. Upgrades include complete HEATING AND AIR CONDITIONG unit complete with split controls. Copper plumbing throughout, roof replaced 5 years ago. Two car garage with plenty of storage. Excellent neighborhood schools.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 7, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| Jun 2, 2025 | Listed by Ignite RE Group | $1,499,000 | |
| Listed by Ignite RE Group | |||
| | |||
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Welcome to 3201 Lama Avenue in El Dorado Park Estates! This wonderful 204 model tri-level home sits on a Oversized corner lot in one of the most desirable areas of the neighborhood—the southwest quadrant. With four bedrooms, three bathrooms, and multiple living spaces, there’s room here for everyone to spread out, relax, and enjoy. Inside, you’ll find two separate living areas on the first and second levels, making it easy to gather together or enjoy a little quiet time. The formal dining room and kitchen offer the perfect setting for family dinners, holiday meals, or weekend brunches. All four bedrooms are tucked away upstairs on the third level, creating a peaceful space for rest and retreat. The primary suite is a true highlight, featuring a cozy fireplace and his-and-hers closets. The laundry room is conveniently located right off the garage—perfect for handling all of life’s daily messes. Step outside and you’ll find your own private backyard getaway with a sparkling pool, an elevated deck, and extra patio space—ideal for BBQs, birthday parties, or just lounging on sunny afternoons. Best of all, you’re just a short distance from the highly-rated Newcomb K–8 Academy, making morning drop-offs and after-school activities a breeze. This is a home where memories are made—come see it for yourself!
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| Jun 11, 2019 | Sold | ||
| Sold | |||
| Apr 4, 2019 | Listed by Realty One Group West | $935,000 | |
| Listed by Realty One Group West | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017